The power dynamics prompting sudden ESG portfolio changes

ESG/RIAA/sustainable-investing/

A change in power dynamics can mean the need to change an investment strategy’s ESG approach overnight, according to a panel of advisers.

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Federated Hermes appoints APAC distribution head

Federated-Hermes/APAC/appointment/

Federated Hermes has appointed Jim Roland as head of distribution for Asia Pacific as the firm expands in the region.

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Relative Return: Super funds have the fear

Podcast/Relative-Return/

In this week’s episode of Relative Return, Mayflower Consulting’s CEO, Sarah Penn, chats with host James Mitchell about structural issues in the Australian superannuation sector.

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Jones forecasts QAR position by June

quality-of-advice-review/Stephen-Jones/FSC/Blake-Briggs/

Minister for financial services, Stephen Jones, has blamed the federal budget for the delays to the Quality of Advice Review but said he is expectant of a position by June.

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Expect no-let up in greenwashing action: ASIC

greenwashing/ASIC/RIAA/

ASIC is unlikely to slow its pace on greenwashing enforcement, according to deputy chair Karen Chester, or it will run the risk of making Australia a target for misconduct.

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Language reform needed for ESG to flourish

RIAA/ESG/Jim-Chalmers/

There is a real need to remove the language of “woke capitalism” from ESG investment, according to a panel, if there is to be progress in Australia.

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Budget 2023: Signal of ’Tetris moment’ for responsible investment

RIAA/Budget/Jim-Chalmers/

With significant action towards sustainable finance announced in the 2023–24 budget, the building blocks are now in place for meaningful change, according to RIAA’s chief executive, Simon O’Connor.

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HUB24 strengthens relationship with Striver

striver/HUB24/education/

HUB24 is expanding its relationship with HR technology platform Striver to extend its range of adviser education resources.

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Budget 2023: Advice industry reacts to policies

federal-budget/Budget/Jim-Chalmers/FSC/

The Financial Services Council and Financial Advice Association Australia have welcomed the 2023 budget from Treasurer Jim Chalmers but feel there is a lack of information for advisers.

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Budget 2023: NAB 'concerned' RBA will hike again

amp/NAB/RBA/federal-budget/Budget/

The major bank's chief economist said the RBA may hike rates further, despite stating he is "worried" the economic slowdown would be sharper than projected in the government's budget.

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